Revenue Recognition (Tables)

9 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Activity Related to Estimated Sales Returns, Loyalty Program Activity and Deferred Revenue

The following tables summarize changes in the estimated sales returns for the periods presented:

	Recovery Asset		Refund Liability
Balance, March 31, 2023	$	15,685	$	(45,322)
Net additions to sales return liability*	52,700		(221,702)
Actual returns	(43,081)		180,736
Balance, December 31, 2023	$	25,304	$	(86,288)

	Recovery Asset		Refund Liability
Balance, March 31, 2022	$	11,491	$	(39,867)
Net additions to sales return liability*	55,080		(182,914)
Actual returns	(41,202)		146,695
Balance, December 31, 2022	$	25,369	$	(76,086)

*Net additions to the sales return liability include a provision for anticipated sales returns, which consists of both contractual return rights and discretionary authorized returns.

Loyalty Programs. Activity related to loyalty programs was as follows:

	Nine Months Ended December 31,
	2023		2022
Beginning balance	$	(13,144)	$	(10,883)
Redemptions and expirations for loyalty certificates and points recognized in net sales	35,518		32,096
Deferred revenue for loyalty points and certificates issued	(45,002)		(41,354)
Ending balance	$	(22,628)	$	(20,141)

Deferred Revenue. Activity related to deferred revenue was as follows:

	Nine Months Ended December 31,
	2023		2022
Beginning balance	$	(13,448)	$	(15,804)
Additions of customer cash payments	(53,615)		(41,782)
Revenue recognized	45,739		46,138
Ending balance	$	(21,324)	$	(11,448)